Cosmetology & Spa Academy

www.cosmetologyandspaacademy.edu

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2023 Average Net Price
$12,488
After Financial Aid
2022 Default Rate
0%
on Student Loans
2023 Enrolled Students
377
95.2% Full-Time

About

Cosmetology & Spa Academy is a higher education institution located in McHenry County, IL. In 2023, the most popular 1 to 2 Year Postsecondary Certificate concentrations at Cosmetology & Spa Academy were General Cosmetology (87 degrees awarded), Barbering (59 degrees), and Cosmetology, Barber, & Nail Instructor (6 degrees).

In 2023, 261 degrees were awarded across all undergraduate and graduate programs at Cosmetology & Spa Academy. 78.5% of these degrees were awarded to women, and 21.5% awarded men. The most common race/ethnicity group of degree recipients was hispanic or latino (128 degrees), 1.35 times more than then the next closest race/ethnicity group, white (95 degrees).

In 2022 the default rate for borrower's at Cosmetology & Spa Academy was 0%, corresponding to 0 out of the 338 total borrowers.

Not applicable, not in Carnegie universe (not accredited or nondegree-granting)Unknown

Costs

After taking grants and loans into account, the average net price for students is $12,488.

In 2023, 58% of undergraduate students attending Cosmetology & Spa Academy received financial aid through grants. Comparatively, 65% of undergraduate students received financial aid through loans.

Average Net Price

$12,488
2023 Value
17.3%
1 Year Growth

In 2023 Cosmetology & Spa Academy had an average net price — the price paid after factoring in grants and loans — of $12,488. Between 2022 and 2023, the average net price of Cosmetology & Spa Academy grew by 17.3%.

This chart compares the average net price of Cosmetology & Spa Academy (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Financial Aid by Income Level

58%
Undergraduates Receiving Financial Aid through Grants
65%
Undergraduates Receiving Financial Aid through Loans

58% of undergraduate students at Cosmetology & Spa Academy received financial aid through grants or loans in 2023. This represents a growth of 11.5% with respect to 2022, when 52% of undergraduate students received financial aid.

This chart compares the average award discount at Cosmetology & Spa Academy (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0%
2022 Default Rate
0
Number of Defaults

In 2022 the default rate for borrower's at Cosmetology & Spa Academy was 0%, which represents 0 out of the 338 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Enrollment

Cosmetology & Spa Academy had a total enrollment of 377 students in 2023. The full-time enrollment at Cosmetology & Spa Academy is 359 students and the part-time enrollment is 18. This means that 95.2% of students enrolled at Cosmetology & Spa Academy are enrolled full-time.

The enrolled student population at Cosmetology & Spa Academy, both undergraduate and graduate, is 52.3% Hispanic or Latino, 32.4% White, 10.9% Black or African American, 2.12% Two or More Races, and 1.33% Asian.

Students enrolled at Cosmetology & Spa Academy in full-time Undergraduate programs are most commonly Hispanic or Latino Female (32.5%), followed by White Female (28.9%) and Hispanic or Latino Male (17.6%).

Full-Time vs Part-Time Enrollment

95.2%
Full-Time Enrollment

The total enrollment at Cosmetology & Spa Academy in 2023, both undergraduate and graduate, is 377 students. The full-time enrollment at Cosmetology & Spa Academy is 359 and the part-time enrollment is 18.

This chart shows the full-time vs part-time enrollment status at Cosmetology & Spa Academy (in red) compares to similar universities.

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Retention Rate over Time

92%
2023 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Cosmetology & Spa Academy was 92%.

This chart shows the retention rate over time at Cosmetology & Spa Academy (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2023)
  1. Hispanic or Latino
    197 enrolled students
  2. White
    122 enrolled students
  3. Black or African American
    41 enrolled students

The enrolled student population at Cosmetology & Spa Academy is 52.3% Hispanic or Latino, 32.4% White, 10.9% Black or African American, 2.12% Two or More Races, and 1.33% Asian. This includes both full-time and part-time students as well as graduate and undergraduates.

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Graduates

In 2023, 149 more women than men received degrees from Cosmetology & Spa Academy. The most common race/ethnicity group of degree recipients at Cosmetology & Spa Academy is hispanic or latino (128 degrees awarded). There were 1.35 times more hispanic or latino recipients than the next closest race/ethnicity group, white (95 degrees).

The most common 1 to 2 Year Postsecondary Certificate concentration at Cosmetology & Spa Academy is General Cosmetology (87 degrees awarded), followed by Barbering (59 degrees) and Cosmetology, Barber, & Nail Instructor (6 degrees).

In 2023,  the most specialized majors across all degree types at Cosmetology & Spa Academy, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Personal & Culinary Services (261 degrees awarded).

Common Jobs by Major

Chefs & head cooks
Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Cosmetology & Spa Academy are Chefs & head cooks (7,906 people), Cooks (2,655 people), Morticians, undertakers, & funeral directors (2,587 people), Food service managers (2,017 people), and Customer service representatives (1,079 people).

The most specialized majors at Cosmetology & Spa Academy in 2023 are Personal & Culinary Services (261 degrees awarded) (as of 2023).

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Highest Paying Jobs by Major

Chief executives & legislators
Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Cosmetology & Spa Academy are Chief executives & legislators, Lawyers, & judges, magistrates, & other judicial workers, Lodging managers, Financial managers, and Industrial production managers

The most specialized majors at Cosmetology & Spa Academy are Personal & Culinary Services (261 degrees awarded) (as of 2023).

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Common Industries by Major

Restaurants & Food Services
Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Cosmetology & Spa Academy are Restaurants & Food Services (10,934 people), uninformed (2,945 people), Funeral homes, & cemeteries & crematories (2,828 people), Elementary & secondary schools (2,087 people), and Traveler accommodation (1,672 people).

The most specialized majors at Cosmetology & Spa Academy are Personal & Culinary Services (261 degrees awarded) (as of 2023).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Cosmetology & Spa Academy.
Most Common (2023)
  1. General Cosmetology
    87 degrees awarded
  2. Barbering
    59 degrees awarded
  3. Cosmetology, Barber, & Nail Instructor
    6 degrees awarded

In 2023, the most common 1 to 2 year postsecondary certificate concentration at Cosmetology & Spa Academy was General Cosmetology with 87 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from 1 to 2 year postsecondary certificate programs at Cosmetology & Spa Academy according to their major.

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Sex Breakdown for Common Majors

56
Degrees Awarded to Men
in 2023
205
Degrees Awarded to Women
in 2023

In 2023, 56 degrees were awarded to men at Cosmetology & Spa Academy, which is 0.273 times less than the number of degrees awarded to females (205).

This chart displays the sex disparity between the top 5 majors at Cosmetology & Spa Academy by degrees awarded.

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Most Common Male Majors

In 2023, 46 degrees were awarded to men at Cosmetology & Spa Academy in Barbering, which is 3.54 times more than the 13 female recipients with that same degree.

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Most Common Female Majors

In 2023, 107 degrees were awarded to men at Cosmetology & Spa Academy in Aesthetician & Skin Care Specialist, which is 53.5 times more than the 2 male recipients with that same degree.

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Time to Complete

1%
100% Completion Time
48%
150% Completion Time

In 2023, 1% of students graduating from Cosmetology & Spa Academy completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 48% completed their degrees within 150% of the normal time, and 55% within 200%.

The following chart shows these completion rates over time compared to the average for the Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2023)
  1. Hispanic or Latino
    128 degrees awarded
  2. White
    95 degrees awarded
  3. Black or African American
    18 degrees awarded

The most common race/ethnicity at Cosmetology & Spa Academy is hispanic or latino (128 degrees awarded). There were 1.35 times more hispanic or latino recipients than the next closest race/ethnicity group, white (95 degrees).

2.68% of degree recipients (7 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2023)
  1. Hispanic or Latino Female
    93 degrees awarded
  2. White Female
    87 degrees awarded
  3. Hispanic or Latino Male
    35 degrees awarded

The most common race/ethnicity and sex grouping at Cosmetology & Spa Academy is hispanic or latino female (93 degrees awarded). There were 1.07 times more hispanic or latino female recipients than the next closest race/ethnicity group, white female (87 degrees).

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Operations

Salary Expenditure

$1.47M
2023 Salaries
12.6%
growth from 2022

In 2023, Cosmetology & Spa Academy paid a median of $1.47M in salaries, a 12.6% growth from the previous year. This is compared to a 57.6% growth between 2021 and 2022, and a 9.39% growth between 2020 and 2021.

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